Novated Leases

### 🚗 Tender Overview: Novated Lease and Salary Packaging Services The **Reserve Bank of Australia (RBA)** is inviting proposals for the provision of **novated lease and salary packaging services**. This procurement opportunity is designed to support the RBA's workforce of approximately 1,900 staff, which currently maintains a portfolio of over 150 active novated leases. ### 📋 Key Requirements & Scope - **Service Delivery:** Provision of comprehensive novated lease management and salary packaging administration. - **Compliance & Licensing:** Bidders must hold valid **Australian Financial Services Licence (AFSL)** and **Australian Credit Licence (ACL)**. Proof of **Tax Practitioners Board (TPB)** registration and **AFIA membership** is mandatory. - **Performance Standards:** The successful respondent must commit to defined Service Level Agreements (SLAs) and Key Performance Indicators (KPIs) as outlined in the draft contract. - **Eligibility:** Respondents must be legal entities, compliant with the *Workplace Gender Equality Act 2012 (Cth)*, and not subject to sanctions or judicial decisions regarding unpaid employee entitlements. ### 🎯 Desired Outcomes - Seamless transition of services prior to the current contract expiration in May 2026. - High-quality administration of salary packaging and vehicle leasing for RBA employees. - Adherence to strict regulatory and financial standards. ### 🔍 Search Keywords Novated Leases, Salary Packaging, Fleet Management, Financial Services, RBA Procurement, Employee Benefits, AFSL, ACL, Salary Sacrifice, Government Tender.